[Important Information for Employees] UPDATE ON FISCAL YEAR 2021/22 BUDGET

[Administration & Finance]

SENT ON BEHALF OF JOSEE LAROCHELLE, VICE PRESIDENT FOR ADMINISTRATION AND
FINANCE


The College has completed the fiscal year 2021/22 budget development for
all four operating funds (State, DIFR, IFR & SUTRA) and is prepared to
submit the finalized budget to SUNY by the August 13th deadline. The
FY21/22 budget will include full year allocations that will be loaded into
Business Intelligence (BI) by SUNY during the fall semester. Departments
may view their FY21/22 budgets now on the Account Development & Management
<https://www.plattsburgh.edu/about/offices-divisions/administration-finance/financial-services/budget-financial-reporting/account-development.html>
website. The Budget and Financial Reporting Office is available to answer
any questions you may have regarding the FY21/22 budget.


Highlights of each fund’s budget are as follows:


State Operating Fund

• Fall student headcount 4,862

• 100% direct state support

• $11.3M in federal stimulus funding

• 7% or $3.6M reduction in divisional expenditure budget


DIFR Fund

• FY21/22 Fall Headcount 1,950; Spring Headcount 1,850

• 4% rental rate increase


IFR Fund

• Mandatory fee budgets (athletic, recreation, health, technology and
career) include a 0% HEPI increase


SUTRA Fund

• Relatively flat from FY20/21 levels
Cordially,

Josee

*ADMINISTRATION AND FINANCE*
Kehoe Building

101 Broad Street

Plattsburgh, NY 12901
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